Most Popular
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Iran’s president found dead at helicopter crash site
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Seoul rolls out W250b package in bid to lure foreign talent
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N. Korea slams US subcritical nuclear test, vows measures to bolster nuclear deterrence
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Korea's increasing US investment mutually beneficial: report
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Yoon vetoes bill for special probe into young Marine's death
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SNU alums nabbed for digital sex crimes
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Minister warns against trusting NK stated intentions, says Moon misguided
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AI Seoul Summit to discuss ways to make AI equitable in Global South
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South Korea bans viral North Korea propaganda video praising Kim
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Hermes celebrates craftsmanship
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Sales of Japanese imported vehicles dip in Korea amid trade feud
Sales of imported cars from Japan fell by double digits in July, amid an escalating trade feud between Korea and Japan and a subsequent Korean boycott of Japanese goods. According to data released Monday by the Korea Automobile Importers & Distributors Association, the number of newly registered cars from Japanese carmakers dropped 17.2 percent to 2,674 units in July, down from 3,229 units registered the same time last year.Compared with 3,946 units registered in June, the figure was also do
Aug. 5, 2019
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Aston Martin to display W2b Valhalla at Coex this weekend
Aston Martin Seoul said Thursday that it would be unveiling its newest hypercar, Valhalla, through Sunday at Coex in southern Seoul.The Valhalla, scheduled to be released in 2021, will be limited to production of just 500 units around the world, and comes with the hefty price tag of about 2 billion won ($1.68 million) here.The Valhalla will be on display at a special exhibition hall in front of Megabox Coex. A video explaining the philosophy and technology of Aston Martin will be shown alongside
Aug. 1, 2019
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[Behind the Wheel] With segment-blurring Seltos, Kia adds premium to small SUV lineup
When Kia Motors said its latest compact sport utility vehicle Seltos would be a game-changer in the local SUV market, the company was met with doubts, as the automaker already has three other small SUVs -- the Stoniq, Soul and Niro. But upon the official launch of Seltos this month, and with a single test-drive of Seltos, feelings of doubt immediately changed to pleasant surprise. Driving Seltos on a 65-kilometer route from Wonju, Gangwon Province, to Yeoju, Gyeonggi Province, it was c
July 30, 2019
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Indonesian minister confirms Hyundai’s new plant
An Indonesian Cabinet member has confirmed Hyundai Motor’s plan to build a new manufacturing factory with a $1 billion investment into the country, according to local media. Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said he met the carmaker’s de facto leader Chung Euisun on Friday to discuss the investment plan and that the carmaker has secured a plot for construction on western Java Island, Indonesian newspaper Kompas reported Sunday. The planned factory wil
July 29, 2019
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Hyundai, Kia sell over 90m vehicles outside S. Korea
South Korea's Hyundai Motor Co. and affiliate Kia Motors Corp. said Monday they have sold over 90 million vehicles in accumulated overseas sales. As of the end of June, Hyundai and Kia sold a combined 90,189,640 vehicles in global markets except for South Korea. The vehicles sold outside the country were shipped from the carmakers' domestic and overseas plants, according to the data.Helped by robust sales of their SUVs in the United States, the companies expect to sell over 100 million aut
July 29, 2019
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Hyundai Motor to launch AI center in Silicon Valley this year
Hyundai Motor Group plans to launch a research unit of its artificial intelligence division in the heart of Silicon Valley within this year, establishing its first overseas division entirely for AI development, the company said Thursday.The AIR Center will be the latest addition to Hyundai Motor’s AI projects. The carmaker launched the Artificial Intelligence Research Lab late last year and hired Kim Jeong-hee, a South Korean expert in deep learning and former leader of Naver Lab’s i
July 25, 2019
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Hyundai Motor chief meets Indonesian leader for future investments
Hyundai Motor Group Executive Vice Chairman Chung Euisun on Thursday held talks with Indonesian President Joko Widodo to discuss the carmaker’s market entry and future investment plans, according to the company.Chung is the first South Korean conglomerate leader to meet President Widodo after his election victory in May. During the meeting held at the presidential palace in Jakarta, the Indonesian leader reportedly sought more investments by Hyundai in the country, touting the carmaker as
July 25, 2019
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Ex-Hyundai, Kia executives indicted over delayed engine recall
The prosecution on Wednesday indicted former executives of Hyundai Motor and Kia Motors on charges of delaying recall processes in Korea for 18 months, though they were allegedly aware of engine defects.According to the Seoul Central District Prosecutors’ Office, three former executives who were responsible of product quality between 2015 and 2017 were indicted on charges of violating the Motor Vehicle Management Act.The companies were aware of problems such as engine stalls, connecting ro
July 24, 2019
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Doosan Heavy to export parts for US small modular reactor
Doosan Heavy Industries & Construction, South Korea’s industrial equipment maker has agreed to provide key parts needed for construction of a small modular reactor in the United States, the company said Wednesday.Under a partnership with NuScale Power, the South Korean company will supply parts crucial for a nuclear steam supply system and other parts for the SMR. SMR is a new kind of light water reactor for a nuclear power plant. The project is a part of a plan between NuScale a
July 24, 2019
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Renault Samsung’s SM6 offers premium quality at affordable price
Renault Samsung, the South Korean unit of French carmaker Renault, has released an upgraded version of its premium sedan SM6 while keeping its price down, amid intensifying competition in the midsized sedan market, the company said Wednesday.The company has added the upper-end premium model SM6 Premiere and a liquefied petroleum gas version of the vehicle to cater to the diversifying needs of customers. Emphasizing the premium features of the sedan, the company said it has applied the Bose surro
July 24, 2019
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[Graphic News] Eco-friendly car exports soar in part 7 years
South Korea’s shipments of environment friendly vehicles jumped an average of 33 percent annually in the past seven years on growing overseas demand, an auto business lobby group said.Local carmakers exported 196,000 eco-friendly vehicles in 2018, up from 35,000 units in 2012. Eco-friendly cars accounted for 8 percent of the country’s overall vehicle exports last year, up from 1.1 percent six years earlier, according to data from the Korea Automobile Manufacturers Association.
July 23, 2019
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Despite labor tension, Hyundai Motor’s Q2 profit jumps
Amid growing tension between the management and unionized workers, Hyundai Motor said Monday it saw its operating profit rise 30 percent in the second quarter chiefly on the weaker Korean won and sales of new sport utility vehicles.The South Korean carmaker said in a regulatory filing that it earned an operating profit of 1.23 trillion won ($1.04 billion), a 30.2 percent on-year increase, crossing the 1-trillion-won mark for the first time in seven quarters. Hyundai sold lesser cars, but both it
July 22, 2019
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Renault Samsung adds KT’s voice assistant tech to new QM6
Automaker Renault Samsung said Monday it has partnered with telecom firm KT to provide Easy Link, a “vehicle infotainment” system utilizing voice assistant technology.Easy Link is a new in-vehicle system that provides a combination of information and entertainment to car users. It will be equipped on the upgraded QM6, the company’s most popular midsized sport utility vehicle model that was unveiled in June. According to Renault Samsung, with a simple call to Giga Genie, KT&rsqu
July 22, 2019
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[Behind the Wheel] Venue designed for singletons, not exactly for thrills
YONGIN, Gyeonggi Province -- Hyundai Motor’s latest sports utility vehicle Venue targets a specific group of people -- those in their 20s and 30s pursuing a single and minimalist lifestyle. Well, as its name indicates, the vehicle can literally take you anywhere, but the driving experience of Venue, which simply is just a small SUV, is short of enthralling. Let’s admit it. One should not expect too much from an entry-level car with a price range between $13,000 and $18,000. But the l
July 21, 2019
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Kia Motors begins sales of compact SUV Seltos
Kia Motors began selling its new compact sports utility vehicle Seltos on Thursday, which the automaker called it a “game changer” in the global small SUV market which has doubled in size over the last five years. The Seltos, which was unveiled in India last month, can be characterized by its spacious interior with 498 liters of trunk space and a relatively long car body at 4,375 millimeters -- the longest in the small SUV category, according to Kia. &ld
July 18, 2019
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South Korea’s eco-friendly car exports take off
South Korean exports of environment-friendly cars, such as hybrid and electric vehicles, soared over the seven years ending last year as global demand shifted away from combustion-engine cars, industry data showed Tuesday. The data from the Korea Automobile Manufacturer Association showed that from 2012 to 2018, the country’s automotive exports fell by an annual average of 4.2 percent, but exports of eco-friendly cars rose by an average of 33.1 percent per year.A total of 196,000 eco-
July 16, 2019
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Israeli president calls for bigger partnership with Hyundai Motor
Israeli President Reuven Rivlin said he hopes to see expanding cooperation between the Middle East country’s startups and South Korean carmaker Hyundai Motor in the fields of smart, connected and green mobility, the company said Monday.In his visit to the Hyundai R&D Center in Namyang, Gyeonggi Province, the Israeli leader met the carmaker’s de facto chief, Executive Vice Chairman Chung Euisun, vowing to take the lead in the development of future cars by strengthening partnership
July 15, 2019
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[Behind the Wheel] BMW 620GT has comfort of 7 series, upgraded features from 5 series
BMW’s 620d Gran Tourismo, the German carmaker’s new entry-level diesel variant of the 6 series, was released in the Korean market in April. Since then, a total of 314 cars have been sold as of the first week of July.When the Korea Herald drove the 620d GT on the 40 kilometer route from Seoul Station to a cafe in Uijeongbu, Gyeonggi Province, the car’s concept was distinctive -- a luxury sedan with functionality and spaciousness but still stylish in its coupe frame. &n
July 14, 2019
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Sales of RVs surpass 300,000 from Jan. to June
With the popularity of larger, spacious cars globally, South Korea saw sales of recreational vehicles hit 300,000 units in the first half of the year. According to five major carmakers here -- Hyundai Motor, Kia Motors, SsangYong Motors, Renault Samsung and General Motors -- a total of 303,315 RVs were sold here from January to June. This accounted for 48.4 percent of total sales of cars here, an increase of about 3 percentage points from the same period the previous year. RVs refer to
July 14, 2019
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Japanese automakers expanding presence in S. Korea with hybrid models
Japanese automakers are expanding their presence in South Korea, industry data showed Sunday, as the popularity of their hybrid models is rising in the imported car market. According to data from the Korea Automobile Importers & Distributors Association and automakers, Japanese auto brands took a 21.5 percent share of the imported car market in the first half of the year, the highest figure since 25.3 percent in 2010. The sales of five Japanese auto brands -- Toyota, Lexus, Honda, Nissan and
July 14, 2019